NAPLES REAL ESTATE VOICE

Weekly Mortgage Rates from J.P. Morgan/Chase

Friday, March 21st, 2014 at 8:12am. 91 Views, 0 Comments.

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Mortgage Rates for properties in California are 0.125% lower

Mortgage Rates for purchases are 0.125% lower

Mortgage Rates reflect 0 points*, a 60-day lock period and a 0.125% reduction with direct deposit from a J.P. Morgan Checking Account

APR means annual percentage rate

Note: rates are available for mortgages in excess of $10MM. Please call for a rate quote.

All loans 417k and under will include a 1 point (1%) fee.

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Overall Median Home Price Hits 57-Month High

Friday, December 20th, 2013 at 5:52pm. 1,158 Views, 0 Comments.

Naples, Fla. (December 20, 2013) – Not since March 2009 has the overall median home price been above $225,000. According to a report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island), the overall median home price for November 2013 was $237,000. The Naples area housing market’s November 2013 Southwest Florida MLS statistics show a 19% increase in overall median closed price from $200,000 for the 12-months ending November 2012 to $237,000 for the 12-months ending November 2013. The report also shows overall pending sales for homes between $300,000 and $2 million increased by double digits, and a substantial increase in single-family home sales activity in the North

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Reasons To Learn More About Your Local Real Estate Market

Tuesday, November 26th, 2013 at 5:43am. 2,479 Views, 0 Comments.

1. NATIONAL HOUSING DATA IS MEASURED DIFFERENTLY. The S&P/Case-Shiller and the National Association of Realtors, two leading data indicies, differ in their approach to measuring housing data. Both organizations collect data every month, however, NAR bases its numbers on the prices of homes that sell each month, whereas S&P/Case Shiller measures how the prices change over a three-month average. This discrepency can lead to confusion as to whether the market is doing great, holding steady or heading toward a slow down.

2. NATIONAL STATISTICS ARE MEANT TO CREATE A BROADER PICTURE AND DO NOT NECESSARILY REFLECT WHAT'S GOING ON LOCALLY. National statistics should always be taken with a grain of salt, regardless how rosy or dire a portrait they paint. Daily

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Weekly Mortgage Rates From J.P. Morgan/Chase Bank

Sunday, November 17th, 2013 at 10:54am. 770 Views, 0 Comments.

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HOME/CONDO INVENTORY DECREASING RAPIDLY!

Saturday, November 16th, 2013 at 9:40am. 263 Views, 0 Comments.

NAPLES — The shelf-life of Collier County homes is shrinking fast.

Overall, days-on-the-market plunged by more than a third in October from a year earlier, said a report from the Naples Area Board of Realtors, released Friday.

The average days on the market for single-family listings fell to 106 from 174 last October, a decline of 39 percent.

Condominiums lasted only 113 days on the market before selling, a drop of 34 percent.

Naples real estate broker John Steinwand said the faster rate of sales is due to an extreme lack of inventory.

Read the FULL REPORT HERE.

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Weekly Mortgage Rates From J.P. Morgan/Chase Bank

Monday, November 4th, 2013 at 12:09pm. 156 Views, 0 Comments.

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Weekly Mortgage Rates from J.P. Morgan Chase Bank

Saturday, October 5th, 2013 at 7:04am. 364 Views, 0 Comments.

 

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OVERALL MEDIAN HOME PRICE RISES FOR 14TH CONSECUTIVE MONTH

Saturday, September 21st, 2013 at 8:36am. 877 Views, 0 Comments.

Naples, Fla. (September 20, 2013) – The Naples area real estate market continues to see its median home price shift upward for the 14th consecutive month according to a report released by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). The median home price has been on a steady incline from $175,000 in December 2011 to $229,000 in August 2013. 


The Median Home Price is a mathematical result of home sale prices wherein one half of the group is higher and one half lower than the indicated median home price. (See Median Home Price chart, page 2 attached). 

Home sales, particularly condo sales in the $1-2 million price category, have been quite impressive. Statistics show a 53

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Weekly Mortgage Rates From J.P. Morgan/Chase Bank

Friday, September 20th, 2013 at 5:50pm. 230 Views, 0 Comments.

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Weekly Mortgage Rates From J.P. Morgan/Chase Bank

Friday, September 13th, 2013 at 5:20pm. 264 Views, 0 Comments.

 

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     Mortgage Rates reflect 0 points*, a 60-day lock period and a 0.125% reduction with direct deposit from a J.P. Morgan Checking Account
     APR means annual percentage rate

     Note: rates are available for mortgages in excess of $10MM. Please call for a rate quote.

     All loans 417k and under will include a 1 point (1%) fee.

     Some other things to keep in mind regarding JPMorgan Chase Bank mortgages offered through this program:weekly mortgage rates from ch 

  • ·         There are no origination points or internal bank fees.  You simply pay our "out-of-pocket" third-party costs, such as the cost of the appraisal, attorney fees, and title insurance.  You have the option to pay points to lower the rate.

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